The Club No One Wanted to Join…
Wednesday, September 29th, 2010
I don’t watch a lot of the news. It’s a practice that has extended for many years now. Mostly, to stay informed, I read the news I want to read, rather than be inundated with what the media suggests is most important. Still, I would have had to have been living Unibomber-style to have missed the story of Bernie Madoff.
From the news reports, I realized that he had been the mastermind behind the biggest Ponzi scheme EVER. Of course, I wasn’t entirely sure what a Ponzi scheme was and I was only somewhat informed when it came to his victims. So when I was given the opportunity to read and review a copy of a book written by his survivors, I looked at it as an opportunity to further educate myself.
The book did that…and so much more.
Don’t get me wrong, I am always a champion of the underdog…probably since I usually am the underdog. I felt for those affected by Madoff’s greed, but I simply didn’t understand the true depth of the situation. And reading the stories of the survivors clarified it better than any media report ever could have.
In the book, there were pictures of real people affected, as they shared what happened in their own words. And I think that is what I liked best about it. there were so many voices, so many stories, so many generations of the same family, sharing their pain, sharing their struggles, sharing their efforts to stay hopeful. Imagine the effort it takes to remain hopeful in this economy in your later years. Now imagine the effort to find hope with no nest egg after twenty years of investing, thinking that all is well, comforted in well-informed responsible decisions.
So many of the people that I read about were just average ordinary citizens. These weren’t greedy money hungry individuals out to make a quick buck. They had done their research, studied Madoff’s credentials, saw that he had been previously investigated and exonerated of any wrong doing. They felt confident in their decision to invest with a man who promised reasonable returns and steady growth, rather than making outrageous claims of a fast return on their investment.
What made reading the stories difficult was that so many of the victims were entire families. Yup. Mom and Dad would invest and tell their children about how pleased they were with Madoff. They were doing what good parents do, look out for their children. And in the end, entire families were wiped out financially.
Sure, some people lost more than others from the Ponzi scheme, but realize that with people investing until it hurt towards retirement…everyone was equally devastated.
It saddened me to read about people forced from retirement back into the work force because their funds were gone. It saddened me to read about the dreams people had to give up, the houses they lost, the lives destroyed. We know about those that couldn’t face the loss, couldn’t face another day of humiliation and worry. We know about those who gave up and took their own lives.
In reading The Club No One Wanted to Join we get to read the stories of hope and survival. We learn that no one is safe. No one is immune. We learn that even after doing the research it is still possible for bad people to take advantage of good people. On the other hand, we discover that hope and the human spirit are strong. We learn that good can endure. We learn that hard work and ingenuity count. We learn and we feel for Madoff’s victims.
This book can be found on Amazon.
It’s cold right now in Charlotte. And rainy. And gloomy. Oh, bother.
This is my first post in days, yes days, that hasn’t been dictated by anything. I don’t have a book I have to write about. I don’t have a contest with a looming deadline. I don’t have any review due. I am smelling the sweet freedom that comes from being able to write about anything I want…ANYTHING. Yay!
I’ve been talking about the
There’s something about reading a novel…really reading it, feeling it to your core. Much like every experience in life, it’ll change you. And once I’m done with a novel, I can’t help but become introspective. I can’t help but sit and think and feel.
As much as I love food, as big a foodie as I am, you’d think that I would have been instantly inspired by the Yahoo! Mother Board September blog topic: healthy eating. I think it was that one word, that qualifier that threw me for a loop. I think that one word had me re-thinking my approach to meals, to how we were doing in our attempts to eat healthy.
I count myself blessed that I am in a position to be offered so many reading options. Between the books from the book club and the books offered by publishers, I always have something to enjoy. (At least I’ve enjoyed pretty much everything so far…except for that Coco Chanel book…)
For years, I thought that happiness was going to be tied to a particular milestone. I could tell myself as I aged that I would be happy when I had graduated from college, when I had married, when I had children, when I had a house, or any of the other many milestones that I have reached in my years on this earth.
Once again, thanks to the Yahoo! Mother Board, I was made aware of an amazing opportunity. And I can’t stand to pass up opportunities…
It’s a good time to remember the things that are so good, the things that I want to stay the same. Without a doubt, there are things that I don’t want to change in my life. Among them…





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